by Editorial Staff | May 13, 2013 | Africa - Other, Australia & S. Pacific, Budgets, China, Daily Rapid Fire, Forces - Special Ops, France, Guns - Artillery & Mortars, India, Israel, Russia, Submarines, Think Tanks, USA
* After long negotiations between its ministry of finance and defense officials, Israel’s defense budget looks set to be reduced by 3 billion sheqels (about $830M) in 2014, with 1 NIS billion in reserves used to dampen cuts that were initially expected to be...